Bellway (LON:BWY) Rating Reiterated by UBS Group

UBS Group reissued their buy rating on shares of Bellway (LON:BWY) in a report published on Thursday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also issued reports about the company. Jefferies Financial Group reiterated a buy rating on shares of Bellway in a report on Tuesday, June 25th. Berenberg Bank restated a buy rating and issued a GBX 3,790 ($49.52) target price (up from GBX 3,620 ($47.30)) on shares of Bellway in a report on Thursday, August 29th. Liberum Capital restated a buy rating on shares of Bellway in a report on Thursday, August 8th. Peel Hunt restated an add rating on shares of Bellway in a report on Tuesday, August 20th. Finally, Numis Securities restated a buy rating on shares of Bellway in a report on Monday, June 3rd. Five analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 3,638.30 ($47.54).

Shares of Bellway stock opened at GBX 3,282.75 ($42.89) on Thursday. The firm has a market cap of $4.05 billion and a price-to-earnings ratio of 7.50. The company has a debt-to-equity ratio of 2.23, a current ratio of 4.21 and a quick ratio of 0.17. Bellway has a 52-week low of GBX 2,407 ($31.45) and a 52-week high of GBX 3,301 ($43.13). The stock has a 50-day simple moving average of GBX 2,952.40 and a 200-day simple moving average of GBX 2,946.86.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the house building business in the United Kingdom. It builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides social housing to housing associations. It owns and controls 37,855 plots of land.

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Analyst Recommendations for Bellway (LON:BWY)

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